Political insider Michael Yabsley has a simple approach to funding elections: "If 2% of the Australian population gave an average of $200 then that would be $80 million. Capping donations and allowing only enrolled voters to make them would result in adequate funding for elections," he said. "It’s a lamington stall-led funding approach."

Yabsley, a former Liberal Party state and federal treasurer, knows a lot about politics and money. Last night he said he felt “queasy about the connection between the money and the way government operated. In politics, perception is everything and it could be cleaner.”